CMC Total Revenue vs Net Receivables Analysis

CMB Stock

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CMC Metals financial indicator trend analysis is way more than just evaluating CMC Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CMC Metals is a good investment. Please check the relationship between CMC Metals Total Revenue and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMC Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Revenue vs Net Receivables

Total Revenue vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CMC Metals Total Revenue account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between CMC Metals' Total Revenue and Net Receivables is -0.18. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Receivables in the same time period over historical financial statements of CMC Metals, assuming nothing else is changed. The correlation between historical values of CMC Metals' Total Revenue and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of CMC Metals are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Revenue i.e., CMC Metals' Total Revenue and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Revenue

Total revenue comprises all receipts CMC Metals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Receivables

Most indicators from CMC Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CMC Metals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMC Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Enterprise Value is likely to climb to about 12.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 511.5 K in 2024.

CMC Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Non Currrent Assets Other	Non Current Liabilities Total	Inventory	Short Term Debt	Other Current Liab	Short Term Investments	Current Deferred Revenue	Long Term Debt	Short Long Term Debt
Total Assets		-0.04	0.96	0.23	0.52	-0.02	-0.11	0.99	-0.13	-0.12	-0.27	-0.27	0.78	0.2	-0.16	0.21	0.99	0.13	0.61	0.12	0.16	-0.68	-0.12	0.02	0.71	0.29
Total Current Liabilities	-0.04		-0.3	0.87	-0.06	-0.47	-0.45	0.02	-0.46	-0.39	-0.45	-0.44	-0.08	0.93	-0.49	0.78	0.02	0.01	-0.59	0.2	0.85	0.25	-0.43	0.74	-0.24	0.22
Total Stockholder Equity	0.96	-0.3		0.01	0.56	0.06	0.0	0.94	-0.02	-0.04	-0.19	-0.18	0.76	-0.07	-0.05	0.01	0.94	0.12	0.7	0.09	-0.06	-0.73	0.04	-0.14	0.76	0.25
Net Debt	0.23	0.87	0.01		0.36	-0.67	-0.7	0.32	-0.72	-0.66	-0.69	-0.61	0.12	0.82	-0.77	0.95	0.33	-0.07	-0.4	0.29	0.95	-0.19	-0.13	0.83	0.21	0.37
Retained Earnings	0.52	-0.06	0.56	0.36		-0.66	-0.32	0.56	-0.36	-0.48	-0.77	-0.66	0.4	-0.13	-0.47	0.53	0.59	0.01	0.08	0.36	0.36	-0.8	0.65	0.46	0.84	0.53
Accounts Payable	-0.02	-0.47	0.06	-0.67	-0.66		0.42	-0.09	0.46	0.52	0.94	0.88	-0.11	-0.24	0.58	-0.8	-0.12	-0.13	0.53	-0.65	-0.66	0.25	-0.39	-0.82	-0.3	-0.43
Cash	-0.11	-0.45	0.0	-0.7	-0.32	0.42		-0.21	1.0	0.84	0.38	0.21	-0.09	-0.4	0.97	-0.55	-0.23	0.52	0.24	-0.01	-0.53	0.2	-0.09	-0.56	-0.22	-0.13
Non Current Assets Total	0.99	0.02	0.94	0.32	0.56	-0.09	-0.21		-0.23	-0.22	-0.33	-0.32	0.77	0.24	-0.27	0.28	1.0	0.09	0.56	0.15	0.23	-0.7	-0.09	0.09	0.73	0.32
Cash And Short Term Investments	-0.13	-0.46	-0.02	-0.72	-0.36	0.46	1.0	-0.23		0.85	0.43	0.26	-0.1	-0.4	0.98	-0.58	-0.25	0.48	0.24	-0.04	-0.57	0.23	-0.11	-0.57	-0.25	-0.17
Net Receivables	-0.12	-0.39	-0.04	-0.66	-0.48	0.52	0.84	-0.22	0.85		0.5	0.32	0.02	-0.3	0.91	-0.61	-0.23	0.5	0.26	-0.04	-0.55	0.37	-0.24	-0.65	-0.33	-0.26
Common Stock Shares Outstanding	-0.27	-0.45	-0.19	-0.69	-0.77	0.94	0.38	-0.33	0.43	0.5		0.95	-0.2	-0.28	0.55	-0.82	-0.36	-0.19	0.41	-0.69	-0.66	0.39	-0.31	-0.79	-0.48	-0.47
Other Current Assets	-0.27	-0.44	-0.18	-0.61	-0.66	0.88	0.21	-0.32	0.26	0.32	0.95		-0.23	-0.29	0.39	-0.73	-0.34	-0.43	0.4	-0.76	-0.6	0.27	-0.16	-0.65	-0.38	-0.42
Other Stockholder Equity	0.78	-0.08	0.76	0.12	0.4	-0.11	-0.09	0.77	-0.1	0.02	-0.2	-0.23		0.11	-0.11	0.1	0.77	0.18	0.5	0.15	0.05	-0.43	-0.05	0.0	0.41	0.3
Total Liab	0.2	0.93	-0.07	0.82	-0.13	-0.24	-0.4	0.24	-0.4	-0.3	-0.28	-0.29	0.11		-0.41	0.68	0.23	0.04	-0.27	0.09	0.78	0.14	-0.59	0.56	-0.14	0.16
Total Current Assets	-0.16	-0.49	-0.05	-0.77	-0.47	0.58	0.97	-0.27	0.98	0.91	0.55	0.39	-0.11	-0.41		-0.67	-0.29	0.43	0.3	-0.1	-0.63	0.3	-0.15	-0.66	-0.31	-0.25
Short Long Term Debt Total	0.21	0.78	0.01	0.95	0.53	-0.8	-0.55	0.28	-0.58	-0.61	-0.82	-0.73	0.1	0.68	-0.67		0.3	0.02	-0.4	0.41	0.96	-0.3	0.11	0.87	0.32	0.52
Property Plant And Equipment Net	0.99	0.02	0.94	0.33	0.59	-0.12	-0.23	1.0	-0.25	-0.23	-0.36	-0.34	0.77	0.23	-0.29	0.3		0.08	0.54	0.16	0.24	-0.71	-0.06	0.12	0.75	0.33
Non Currrent Assets Other	0.13	0.01	0.12	-0.07	0.01	-0.13	0.52	0.09	0.48	0.5	-0.19	-0.43	0.18	0.04	0.43	0.02	0.08		0.04	0.41	0.04	0.1	-0.22	-0.21	-0.01	-0.02
Non Current Liabilities Total	0.61	-0.59	0.7	-0.4	0.08	0.53	0.24	0.56	0.24	0.26	0.41	0.4	0.5	-0.27	0.3	-0.4	0.54	0.04		-0.21	-0.39	-0.55	0.06	-0.58	0.51	-0.08
Inventory	0.12	0.2	0.09	0.29	0.36	-0.65	-0.01	0.15	-0.04	-0.04	-0.69	-0.76	0.15	0.09	-0.1	0.41	0.16	0.41	-0.21		0.23	-0.06	0.13	0.38	0.21	0.24
Short Term Debt	0.16	0.85	-0.06	0.95	0.36	-0.66	-0.53	0.23	-0.57	-0.55	-0.66	-0.6	0.05	0.78	-0.63	0.96	0.24	0.04	-0.39	0.23		-0.2	-0.04	0.77	0.2	0.48
Other Current Liab	-0.68	0.25	-0.73	-0.19	-0.8	0.25	0.2	-0.7	0.23	0.37	0.39	0.27	-0.43	0.14	0.3	-0.3	-0.71	0.1	-0.55	-0.06	-0.2		-0.52	-0.16	-0.96	-0.31
Short Term Investments	-0.12	-0.43	0.04	-0.13	0.65	-0.39	-0.09	-0.09	-0.11	-0.24	-0.31	-0.16	-0.05	-0.59	-0.15	0.11	-0.06	-0.22	0.06	0.13	-0.04	-0.52		0.16	0.48	0.38
Current Deferred Revenue	0.02	0.74	-0.14	0.83	0.46	-0.82	-0.56	0.09	-0.57	-0.65	-0.79	-0.65	0.0	0.56	-0.66	0.87	0.12	-0.21	-0.58	0.38	0.77	-0.16	0.16		0.15	0.37
Long Term Debt	0.71	-0.24	0.76	0.21	0.84	-0.3	-0.22	0.73	-0.25	-0.33	-0.48	-0.38	0.41	-0.14	-0.31	0.32	0.75	-0.01	0.51	0.21	0.2	-0.96	0.48	0.15		0.28
Short Long Term Debt	0.29	0.22	0.25	0.37	0.53	-0.43	-0.13	0.32	-0.17	-0.26	-0.47	-0.42	0.3	0.16	-0.25	0.52	0.33	-0.02	-0.08	0.24	0.48	-0.31	0.38	0.37	0.28

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CMC Metals Account Relationship Matchups

CMC Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	694.8K	1.0M	1.7M	946.2K	1.1M	1.0M
Total Current Liabilities	936.4K	798.6K	925.1K	942.1K	1.1M	1.1M
Total Stockholder Equity	(262.7K)	(196.5K)	178.2K	(603.5K)	(543.2K)	(516.0K)
Net Debt	(279.5K)	(499.5K)	(858.9K)	(127.5K)	(146.6K)	(139.3K)
Retained Earnings	(21.5M)	(24.6M)	(28.8M)	(32.3M)	(29.1M)	(27.6M)
Accounts Payable	228.7K	283.7K	394.7K	433.2K	498.2K	523.1K
Cash	300.6K	524.1K	891.7K	166.0K	190.8K	269.4K
Non Current Assets Total	258.2K	402.3K	487.5K	582.2K	524.0K	497.8K
Cash And Short Term Investments	300.6K	524.1K	916.7K	191.0K	219.6K	307.6K
Net Receivables	105.4K	62.3K	229.4K	42.5K	48.9K	46.2K
Common Stock Shares Outstanding	51.1M	80.4M	110.5M	137.3M	157.8M	165.7M
Liabilities And Stockholders Equity	694.8K	1.0M	1.7M	946.2K	1.1M	1.0M
Other Current Assets	30.5K	30.7K	77.6K	130.5K	150.1K	157.6K
Other Stockholder Equity	613.9K	958.3K	2.3M	(42K)	(37.8K)	(35.9K)
Total Liab	957.5K	1.2M	1.5M	1.5M	1.8M	1.6M
Total Current Assets	436.5K	617.1K	1.2M	364.0K	418.6K	422.9K
Short Long Term Debt Total	21.1K	24.6K	32.9K	38.4K	44.2K	42.0K
Non Currrent Assets Other	258.2K	402.3K	421.0K	(42K)	(48.3K)	(45.9K)
Non Current Liabilities Total	21.1K	417.4K	608.0K	607.7K	546.9K	444.4K
Other Current Liab	707.7K	514.9K	530.3K	508.9K	585.2K	369.3K
Accumulated Other Comprehensive Income	613.9K	958.3K	2.3M	3.1M	3.6M	3.8M
Common Stock	20.7M	23.4M	26.7M	28.7M	33.0M	21.6M
Net Tangible Assets	(1.4M)	(262.7K)	(196.5K)	178.2K	205.0K	215.2K
Other Assets	256.4K	258.2K	402.3K	421.0K	484.2K	317.2K
Net Invested Capital	(241.6K)	(171.8K)	211.1K	(565.1K)	(649.9K)	(682.4K)
Net Working Capital	(499.9K)	(181.4K)	298.7K	(578.1K)	(664.8K)	(698.0K)
Capital Stock	20.7M	23.4M	26.7M	28.7M	33.0M	25.2M

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